South Africa Logistics Market Size:-
Growth In The Market: The Logistics
and Warehousing Market in South Africa has grown from USD ~ Billion in
2012 to USD ~ Billion in 2018 at a positive CAGR of ~ % during the period
2012-2018.
FMCG, Retail and Automotive sectors have contributed for the
growth: Due to the rising demand for logistics services from the FMCG,
Retail and Automotive industries, the market has witnessed growth over the
years.
Growing E-Commerce Market: Better access to secure payment gateway, along with the gradual
improvement in the delivery system, has further led to the expansion of the
e-commerce market in South Africa.
By Service Mix:-
Road Transportation contributes exceedingly for the revenue
generation in the freight forwarding market: Infrastructure in the country
allows road transportation to be effectively employed in the logistics market.
It is convenient and affordable for the companies in the market. It is
preferred for transporting goods between cities in South Africa, as well as for
international trade.
Rising Trade: For South Africa, international trade is of
utmost importance. Through the support of government, intra-African trade has
got prominence over the years and in the coming years, it is anticipated to
grow tremendously. The demand for warehousing, freight forwarding and Value
Added Services has grown, as a result.
By International And Domestic Freight:-
Geographical Advantage: South Africa is close to the coast and
that allows it to engage in international trade at a much higher scale than
other African countries. Owing to its geographical advantage over other African
countries, South Africa is in a position to transport the imported goods to the other African nations. Furthermore,
Prices for road freight are lower in Southern Africa than other regions in
Africa.
The South Africa-Europe flow corridor followed South Africa-Asia with
a revenue share of ~ % in the year 2018. The largest EU trade partners of South
Africa are Germany, UK and Netherlands.
South Africa's exports to the European countries have grown. Moreover,
the composition of these exports has become more diverse as South Africa is
gradually moving from mainly commodity-based products to a more diversified
export profile that includes manufactured products.
South Africa's primary exports to the European countries are fuels and
mining based products, machinery and transport equipments, and other
semi-manufactured goods whereas, the EU countries exports to South Africa are
dominated by machinery and transport equipment, chemicals and other
semi-machinery.
South Africa Logistics Future Market Size:-
In terms of revenue
recognition, freight forwarding market is estimated to see a positive growth
trend with an estimated CAGR of ~ %.
Development in Infrastructure and Technology: Development in infrastructure and use of
technology to troubleshoot some of the major problems faced by the industry
will lead to the growth in the market.
Growth in the Maritime Sector:
Development in the maritime sector and incorporation of technological
advancements such as IoT will improve the functioning of sea freight.
By International And Domestic Freight 2023E:-
Development In Infrastructure: Moreover, development in the infrastructure will allow South Africa to
cater to more regions across the globe.
Focus on Intra-African Trade: Intra continent trade will gain focus of the government and thus gain
momentum in the coming years.
Transportation of Medical Devices to rise: South Africa became the world’s leading
manufacturer and exporter of isotopes of medical diagnostics in 2018, which has
further supported the country’s trade relations with others nations. This
development in the field of medical devices will drive the South Africa freight
forwarding market in the coming years.
By Flow Corridors 2023E:-
Intra-African Agricultural Trade is Underexploited: Moreover,
intra-African agricultural trade is particularly underexploited owing to high
import tariffs, other non-tariff barriers (such as health and safety
standards), low productivity, and a lack of rural connectivity. AfCFTA would
provide access to markets at the regional and international levels, which would
further contribute for improvement in intra-African trade.
Growth Eastern African regions: The growth of the East African regions will also raise the trade between
South Africa and other African nations.
Market Size, 2013-2018:-
Warehousing is simply the
process of storage. A support function of logistics and transport, it forms a
core part of the logistics process by providing space and storage for goods to
be transported or distributed.
The Warehousing Market in
South Africa has grown from USD ~ Billion in 2012 to USD ~ Billion in 2018 at a
positive CAGR of 7.6% during the period.
Slow Growth Due To Declining Economy: The slow growth in the warehousing market in the last five years is
attributed to the declining economy and political and economic instability in
the country. However, there has been an improvement in the sector as the growth
rate above ~ % is maintained since 2013.
By End Users, 2018:-
Automotives have a low revenue
share in the Warehousing market because the major player in the Automotive
Sector, Toyota manufactures its cars in South Africa. Toyota has its own
premises, and therefore, does not engage in outsourcing for warehousing
services.
Healthcare and Pharmaceutical
Sector, with a revenue share of ~ %, requires warehousing service for the
storage of medical equipments and also for medicines.
The pharmaceutical companies
manufacture their own products and have their own premises to store the
manufactured drugs because of which they do not require Warehousing service.
By Business Model:-
Rising Retail Sector: The
rising retail sector in South Africa has elevated the requirement of warehouses
in the country majorly due to increasing demand for storage of processed
packaged foods and beverages, as modern food retailing businesses expanded
their operations in order to meet the consumer requirements. The industrial
warehouses now have a more complex infrastructure designs which can handle
greater loads, larger cubic capacity and higher bays.
One Location for Distribution: Although it has not been common yet, retailing warehouses have been
growing in areas where it has been more profitable to have one location for
distribution, especially in concentrated consumer clusters.
Shipping docks in South Africa contribute for high demand: Containers and shipping docks in South Africa
are used on a daily basis by different companies from these regions to store
their freight. This has resulted into a rise in the demand for warehousing
services.
Future Market Size, 2018-2023:-
The warehousing market is
expected to grow from USD ~ Billion in 2018 to USD ~ Billion in 2023.
Rising Trade to contribute for
future growth: Rising trade within the continent as well as with the non
African nations will propel the growth in the warehousing market.
Dependence on imports: Growing
dependence on imports from the consumers’ side will also contribute for high
demand for warehousing services, especially for consumer durables.
By End Users, 2023E:-
The pharmaceutical companies
manufacture their own products and have their own premises to store the
manufactured drugs because of which they do not require Warehousing service.
Automotive industry will
continue to contribute for a less share of revenue in the warehousing market
because of its being majorly an imports driven industry which does not require
warehousing facility.
Others, with a revenue share
of ~ %, include Raw materials, coal, plastics, etc. and dangerous goods such as
chemicals and paints, etc. There will be not be any change in the share of
revenue generated by this category of end users in the warehousing market in
South Africa. Poultry and Dairy products generate the highest revenue in the
others category.
By Ownership:-
Strict regulations for the companies to maintain a cold chain warehouse:
The Cold chain market is majorly
rented (both the Cold storages and the Cold transport), because companies do
not want to deal with the strict regulations prevalent in the cold storage
market. The companies rather, plan to focus on their core business.
Dependence on the availability of space: Outsourcing is mainly dependent upon the warehouse space available, type
of storage needed and other services which takes the company from their focus
areas.
Cost efficiencies due to outsourcing: Logistics players can reduce costs through outsourcing for cold storage
and cold transportation. Since cold chain infrastructure requires capital,
expanding the operations in this direction and owning a cold storage warehouse
or maintaining a fleet of reefer trucks will only increase the cost.
Outsourcing for cold chain operations is a more feasible and affordable option.
Key Segments Covered:-
South Africa Freight Forwarding Market
By Mode of Transport
Road
Freight
Rail
Freight
Air
Freight
Sea
Freight
By International and Domestic Freight
International
Freight
Domestic
Freight
By Flow Corridors
Asian
Countries (China, India, Taiwan and Japan)
European
Countries
Middle
East
North
America
African
Countries
By 3PL and Owned
3PL
Logistics
Owned
Logistics
By Type of Delivery
Normal
Delivery
Express
Delivery
South Africa Warehousing Market
By End User
Consumer
and Retail
Food
and Beverages
Healthcare
and Pharma
Automotive
Others
(Dangerous Goods, Chemicals and Paints)
By Business Model
Industrial/Retail
Consumer
Freight/Inland Container Depot
Cold
Storage
By 3PL and Owned
3PL
Logistics
Owned
Logistics
By Region
Johannesburg
Durban
Cape
Town
Port
Elizabeth
East
London
South Africa Cold Chain Market
By Type of Market
Cold
Storage
Cold
Transportation
By Application
Meat
and Seafood
Fruits
and Vegetables
Dairy
Products
Bakery
and Confectionary
Pharmaceuticals/Healthcare
By Ownership
Owned
Logistics
3PL
Logistics
Cold Storage Market Segmentation By Temperature of Storage
Ambient
Chilled
Frozen
By Regions
Johannesburg
Durban
Cape
Town
Others
Cold Transportation Market Segmentation By Type of Possession
Owned
Logistics
3PL
Logistics
By Mode of Transportation
Sea
Land
Air
By Location
Domestic
International
South Africa Express Logistics
Market
By International and Domestic Express
International
Express
Domestic
Express
By Type of Express (International)
Air
Express
Ground
Express
By Type of Express (Domestic)
Air
Express
Ground
Express
By Market Structure
B2B
B2C
and C2C
South Africa E Commerce Logistics Market
By Delivery Time Duration
1-2
Working Days
3-5
Working Days
More
than 5 Working Days
By Express/Normal
Express
Delivery
Normal
Delivery
By Merchant/3PL
3PL
Merchant
South Africa Outsourced/3PL
Logistics Market
By
Market Type (Freight Forwarding and Warehousing)
Companies Covered:-
DHL
Imperial
Logistics
DSV
DB
Schenker
Barloworld
Logistics
DPD
Laser Express Logistics
ID
Logistics
OneLogix
CEVA
Logistics
City
Logistics
Cargo
Carriers
Kargo
Logistics
Vital
Distribution
ACT
Logistic
Santova
Logistics
GMA
Logistics
Kuehne
Nagel
Key Target Audience:-
Logistics
Companies
Warehousing
Companies
Freight
Forwarding Companies
Express
Logistics Companies
E-Commerce
Logistics Companies
Outsourced
Logistics Companies
E-Commerce
Companies
Cold
Chain Logistics Companies
Companies
seeking logistics Services
Time Period Captured in the
Report:-
Historical
Period – 2013-2018
Forecast
Period – 2019-2023E
Keywords:-
South
Africa Logistics Market
Market
Research Report Of South Africa Logistics
Logistics
Industry In South Africa
South
Africa Logistics Market Growth
South
Africa Logistics Market Major Players
South
Africa Logistics Market Future Outlook
South
Africa Domestic Freight Forwarding Market
South
Africa Freight Forwarding Industry
South
Africa Logistics Cost
South
Africa Sea Freight Flow Corridor
Distribution
Market Logistics South Africa
Container
Freight Market South Africa
Export
Import Transportation South Africa
South
Africa Cold Chain Industry
South
Africa Outsourced Logistics Market
South
Africa Logistics Infrastructure
South
Africa Cold Chain Logistics Companies
For more information, refer to below
link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249